$1bn hydropower contract in Laos awarded to South Korean firms

The 410 MW Xe-Namony hydroelectric power plant in Laos is to be constructed by South Korea-based SK Engineering and Korean Waste Power in a contract worth $1bn.

Energy Business Review reports that the companies will build three dams and a hydropower plant across the Mekong River in the southern plateau of Bolaven by 2018.

Eventually to be state-run, the electricity generated at the plant will be predominantly sold to Thailand with Laos expected to earn an estimated $30m per annum in taxes and other fees.

For more renewables power generation news




Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...